Economist Salary in Maine
Based on 70+ workers in Maine
Median Annual Salary (ME)
$91,480
$43.98/hr
vs National Average
$111,296
-17.8% vs national median
Salary Range (10th–90th)
$69K – $133K
70 employed in Maine
Economists in Maine earn a median salary of $91,480 per year, according to current labor data. This figure represents the typical earnings for the approximately 70 economists employed throughout the state. However, economist salary in Maine falls about 18 percent below the national average, reflecting regional economic differences and cost-of-living variations compared to other states.
Several factors influence economist salary in Maine, including experience level, educational background, and employer type. Economists working in government agencies, research institutions, or private consulting firms may see different compensation packages. Geographic location within Maine and specialized expertise in areas like labor economics or policy analysis can also affect individual earnings, with salaries ranging from $69,140 to $132,950 annually.
Salary Distribution — Economist in Maine
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $69,140 |
| 25th percentile | $74,190 |
| Median (50th percentile) | $91,480 |
| 75th percentile | $115,920 |
| 90th percentile | $132,950 |
Top-Paying Industries for Economist (U.S.)
Which industries pay Economists the most — nationwide figures (industry-level data is not available by state). Economists in Maine tend to follow these industry patterns.
| Industry (U.S.) | Median Salary | Employed (U.S.) |
|---|---|---|
| Mining, Quarrying, and Oil and Gas Extraction | $210,780 | 30 |
| Wholesale Trade | $207,400 | 40 |
| Manufacturing | $180,320 | 90 |
| Finance and Insurance | $173,990 | 2K |
| Management of Companies and Enterprises | $160,150 | 170 |
Source: U.S. BLS OEWS National Industry-Specific estimates, May 2025. National figures (not state-specific).
Historical Salary Trend — Economist in Maine vs National
| Year | Median Salary (Maine) |
|---|---|
| 2023 | $79,290 |
| 2024 | $80,670 |
| 2025 | $91,480 |
| 2026 (projected) | $96,969 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Maine Median | National Median |
|---|---|---|
| 2023 | $79,290 | $98,241 |
| 2024 | $80,670 | $102,371 |
| 2025 | $91,480 | $111,296 |
| 2026 (projected) | $96,969 | $117,974 |
Economist Salary by Experience Level in Maine
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $74,190 |
| Mid-level | 3-5 yrs | $91,480 |
| Senior | 6-9 yrs | $115,920 |
| Staff / Lead | 10+ yrs | $132,950 |
Economist Salary in Other States
Related Economist Salaries in Maine
How other high-demand occupations in Maine compare to Economist ($91,480 median).
| Occupation | Median Salary | vs Economist | Hourly |
|---|---|---|---|
| Financial Manager in ME | $133,610 | +46.1% | $64.24/hr |
| Actuary in ME | $119,620 | +30.8% | $57.51/hr |
| Tax Examiner in ME | $109,060 | +19.2% | $52.43/hr |
| Financial Analyst in ME | $88,320 | -3.5% | $42.46/hr |
| Budget Analyst in ME | $88,130 | -3.7% | $42.37/hr |
| Compliance Officer in ME | $83,740 | -8.5% | $40.26/hr |
| Loan Officer in ME | $81,900 | -10.5% | $39.38/hr |
| Credit Analyst in ME | $81,750 | -10.6% | $39.30/hr |
| Financial Examiner in ME | $80,840 | -11.6% | $38.87/hr |
| Accountant in ME | $77,480 | -15.3% | $37.25/hr |
| Insurance Sales Agent in ME | $62,920 | -31.2% | $30.25/hr |
| Securities Sales Agent in ME | $59,970 | -34.4% | $28.83/hr |
Frequently Asked Questions
How much do economists make in Maine?
- The median salary for economists in Maine is $91,480 per year, or $44 per hour. This is about 17.8% below the national average for the same position.
What is the salary range for economists in Maine?
- Economist salaries in Maine range from $69,140 at the lower end to $132,950 at the higher end, representing significant variation based on experience and specialization.
Is being an economist in Maine lower paying than the national average?
- Yes, Maine's median economist salary of $91,480 is notably lower than the national average, falling 17.8% below what economists earn across the country.
How many economist jobs are available in Maine?
- There are currently 70 economists employed in Maine according to available labor data.